2023-03-31-accounts

					Unrestricted funds f	Restricted income funds f	Restricted income funds f	Total funds f	Prior year funda f
Incoming resources
income and endowments from:
Donations and legacies Grants Charitable activities					195,962 500 3,427		8,933 4,938	204,895 500 8,365	170,961 3,587 18,768
					199,889	13.871		213,760	193,316
Resources expended
Expenditure on:
Raising Funds					407			407	359
Charitable activtges:		Youth			10,368		587	10,955	11,425
Community	Oubeach	&Support			39,397		1,082	40,479	63,370
		Church	Life		94,515			94,918	69,488
	Emrnanuel		West		34491		687	35178	32,063
		Mission			2,473			2,473	2,519
Total					181,650		2,760	184,410	179,224
Net income/(expenditure)	before
investment gains/(losses)					18,239		11,111	29,350	14,092
Net income/(expenditure)					18,23S		11,111	29,350	14,092
Transfers between funds
Gains on revaluation, fixed
assets, oharlty's own use					65,936			65,936	1/ 000
Net movement in funds					84,175		11,111	95,286	31,092
Reconcigatlon offunds:
Total funds brought forward				13	553,890		36,273	590,163	559,071
Total funds carried forward				13	638,065	47,384		685,449	590,163

1.3Change ofaccounting policy	1.3Change ofaccounting policy
The accounts present a	true and fair view and the accounbng policies adopted are those outlined in note 2.
1.4Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period
Note 2 Accounting	policies
Recopnltton ofincome	These are included in the Statement of Financial ActiVities (SoFA)when: ~ the charity becomes entitled to the resources;
	~ it is more likely than not that ths trustees will receive the resources; and
	~ ths monetary value can bs measured with sufficient reliability.
	There has been no offsetting ofassets and liabilities, or income and expenses, unless required or permittedby Ihe FRS 102SORP orFRS102.
Grants and donations	Grants and donations are only included in the SoFA when the general income recognition criteria are met
Legacies	Legacies are included in Ihe SOFA when receipt is probable, that Is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the conk olofthe charity or have been meL
Tax reclainis on donations and gifts	Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to bs part ofthat gift and is treated as an addiTion to the same fund as the initial donation unless ths donor or the terms ofthe appeal have specified otherwise.
Contractual income
and performance related grants	This is only included in ths SoFAonce the charity has provided the relaled goods or services or met the performance rslaied conditions.
Donated goods	Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
	The cost of any stock ofgoods donated for distribution to beneficiaries ls deemed to be the fair value ofthose gifts at ths time oftheir receipt and they are recognised on receipt. In the reporUng period in which the stocks are distributed, they are recognised as an expense at Ihe canying amount ofthe stocks at distribution.
	Donated goods for resale srs reassured at fair value on initial recognition, which is the expected proceeds from sale less ths expected costs ofsale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value ofstock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activltiesh
	Goods donated for on-going use by ths charity are recognised as tangible lixed assets snd Included the SoFAas incoming resources when receivable.	in
	Gifts in kind for use by the charity sre included in the SoFAas income from donagons when

Emmanuel Church Fl	eetttrood clerily xo,".u54595
	Notes to Accounts (continued)
Donated services and facilities	Donated services and facilGes are induded in the SOFA when received st the value ofthe gyi to ths charity provided ths value ofthe gift can be measured reliably.
	Donated services and facililies that srs consumed immediately are recognised as iricome with an equivalent amount recognised as an expense under the appmpriate heading In ths SOFA.
	The essential voluntary help of unpaid church members, without which most churoh activities would not be possible are not evaluated or incudsd in ihe SOFA.
Support costs	The charily has incurred expenditure on support costs.
Volunteer help	The value ofany voluntary help received is not included in the accounts but is described in the
	trustees' annual report.
Income from interest, royalties snd dividends	This is inctuded in the accounts when receipt is probabls and the amount receivable can be measured reliably
Liability recognltlon	Liabiligss are recognised where itis more likely than not that there isa legal or constructive obligation committing the charity to pay out resources and Ihe amount ofIhe obligation can be measured with reasonable ceriainly
Governance and support costa	Support costs have been allocated between governance casts and other support. Governance coals comprise all costs invoiving public accountability ofthe charity and its compliance with regulation and good pracgce.
	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use ofresources, eg allocating properly costs by floor areas, or per capita, staff costs by the time spent and other costs by Stair usage.
Grants with performance condlgons	Where the charity gives a grant with conditions for its payment being a spectre level of service or output to be provided, such grants are only recognised in the SoFA once the recipient ofthe grant has provided the specified service or output.
Grants payable without performance conditions	Where there are no conditions attaching to ths grant that enables the donor charity to realistically avoid the commitmsnt, a liability forthe full funding obligation must be recognised.
Redundsncycost	The charity made no redundanoy paylnents during the reporting period.
Deferred income	No material item ofdefaced Income hss been included in the accounts.
Creditors	The charity has crsditom which sre measured at settlement amounts less any trade discounts
Provisions for Ilablliges	A liability is measured on recognition at its hisiorical cost and then subsequently measured at the best estimate ofthe amount required to settle the obligation at the reporitng date
Tangible fixed assets for use by charity'	These are capilallsed Ifthey can be used for more than cne year, and cost at least g1,000 They are valued at cost or in case offreehold land and buildings the current
	market value as esgmated by the trustees.
	Freehold land and buildings ars not deprediatsd, as tmstees consider the asset value is maintained by appropriate maintenance. Fixtures S Fittings ars depreciated on a straight line basis over 10years or estimaled life iflower from ths month after installagonl usage commences. Equipmment is depreciated over 5years or estimated life if lower.
Stocks and work In progress	Stocks held forsale ss part ofncnwharitable trade are measured at the lower orcost or net realisabie value.
	Goods or services provided as part ofa charitable activity are measured at net
	realisable value based on the service potential provided by items ofstock.
	Work in progress ls valued at cost less any forsseeabls loss that is likely to occur on ths contract.
Debtors	Debtors (including trade debtors and loans receivable) are measured on Initial recognition at settlement amount aRsr any trade discounts or amount advanced by the charity. Subsequently, they are measured atthe cash or other consideration expected to be received.